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Frequently Asked Questions

What is the interest rate of NHFDC?

NHFDC provides maximum loan upto 50.0 lakh to Persons with disabilities for self-employment activity at the rate of interest 5-9% p.a. (A rebate of 1% in interest will be allowed to women with disabilities/persons with disabilities other than OH in self employment loans of upto Rs.50,000/-).

Who can apply for NHFDC loan?

(A rebate of 1% in interest will be allowed to women with disabilities/persons with disabilities other than OH in self employment loans of upto Rs.50,000/-). Any Indian citizen with 40% or more disability and age above 18 years can apply for loan under NHFDC scheme for self employment.

How does the National Handicapped Finance and Development Corporation extend loan?

The National Handicapped Finance and Development Corporation extends loan to the persons with disability through the State Channelising Agencies nominated by the respective state governments/U.T.s Applications on prescribed format are submitted through the State Channelising Agencies.

What are the terms and conditions of NHFDC term loans?

Term loans drawn from NHFDC will be required to be repaid within a period of 36 months in quarterly installments. The installments of term loan and interest shall be repayable to NHFDC on 30 th June, 30 th September, 31 st December and 31 st March every year or on such other dates as agreed to by NHFDC.


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